What matters when choosing – and which provider suits whom.
From 1 January 2027, the first Altersvorsorgedepot accounts can be taken out. No provider is available yet, but the differences will be large – in costs, ETF selection, flexibility and service. We compare the providers against clear, transparent criteria so that you can find the right securities account for your situation.
Nothing can be taken out yet. By law, the product may not be sold before 2027. Add yourself to the waiting list and we will get in touch as soon as there is something real to compare.
Geprüft von Rolf Henning Hackel am 18.09.2026Gesamterhebung 15.09.2026Der aktuelle Stand
55 von 74 geprüften Anbietern, also 74 %, haben haben zugesagt, ab Januar 2027 ein Altersvorsorgedepot anzubieten.
Alle 74 Anbieter mit Quelle und Prüfdatum
We assess every provider against these ten criteria. We weight total costs most heavily, followed by ETF selection and flexibility, because they have the greatest influence on long-term success. Each criterion feeds into an overall score with a point value. The basis is the providers’ official product information and the statutory requirements; we update the assessment as soon as terms change.
We are not a product provider, we receive no payment for better placement, and we assess independently.
When can I take out an Altersvorsorgedepot?
From 1 January 2027. Before then nobody may sell it, as the law states. What the product is and how the subsidy works is explained on the page Altersvorsorgedepot.
What should I look for when choosing a provider?
First, the costs. Over thirty years they have a stronger effect than anything else, and offers only become comparable through the Reduction in yield. After that, ETF selection, savings plan flexibility and service count. But little of this can be compared today: five companies have published their own prices, the rest give no figure.
What does an Altersvorsorgedepot cost?
Almost nobody knows to this day. The legislator caps the reduction in yield (RIY) of the default standard product at one percent per year, and this cap applies to everyone. So far, five companies have published their own prices. For the other 67 there is nothing on this. Anyone who already quotes you a figure for a particular company did not get it from that company.
Which ETFs can I choose?
At most companies this has not yet been decided. Two already name their funds. quirion offers the Vanguard FTSE Global All-Cap and the Vanguard Global Aggregate Bond EUR Hedged in its standard securities account, Smartbroker+ offers three variants with MSCI World, MSCI ACWI or FTSE All-World. For the rest, we will add the selection as soon as the company names it itself. Which ETFs are eligible for the subsidy at all is set out in the law.
Can I switch provider later?
Yes, switching is provided for by law. It becomes expensive in the first five years. SV Sachsen and VOLKSWOHL BUND both write that each side may charge up to €150, the transferring provider and the new one. Together, that is up to €300. After five years the fee is to be dropped, which is how both companies read the law. More on this at Riester switch.